This is to inform you that the Greater Ring Road project which is in progress, is a joint venture of GVR Infra Projects Pvt. Ltd. and the government body, and has been facing some problems. Because of bad weather the project had come to halt and there was a huge loss to the company also due to few delays in the funds from the government due to elections there are some rather cumbersome complexities faced by the beneficiaries.

This proposal letter has the complete details of the project process and as you can see this project has huge profits in the future ahead. The Greater Ring Road links the major trade, IT and commercial areas of the city. Investing in this project would be audacious decision.

Project title: Greater Ring Road phase 3

Name of implementing agent(s): GVR Infra Projects Pvt. Ltd.

Project location: Hyderabad

Proposed starting date: 12th July 2008

Project duration: 3 years

Amount requested from Voluntary Fund (INR): 50crore

Government inputs: 80crore

Implementing agent inputs: 25crore

Other donor inputs: None

We look forward for your reply and will surely respect the decision you will take for this Proposal Letter.